Managing Digital Assets After Death

In today's digital age, managing digital assets has become an integral part of estate planning. From social media accounts to online banking, digital assets are a significant part of our lives. At Wasikowski Law Firm, we understand the importance of including digital assets in your estate plan to ensure a smooth transition for your loved ones. Here’s what you need to know about managing digital assets after death, including them in your estate plan, and the legal considerations for digital inheritance.

When a loved one passes away, managing their digital assets can be a complex task. Digital assets include email accounts, social media profiles, online banking, digital photos, and more. Without proper planning, accessing these assets can be challenging. Here are some steps to manage digital assets after death:

• Identify Digital Assets: Make a list of all digital assets, including usernames and passwords.
• Access Accounts: Follow the terms of service for each platform to gain access to the accounts. Some platforms have specific procedures for handling deceased users' accounts.
• Close or Transfer Accounts: Decide whether to close the accounts or transfer them to a designated beneficiary.

Including Digital Assets in Your Estate Plan

Including digital assets in your estate plan ensures that your wishes are carried out and that your loved ones have access to important information. Here’s how to include digital assets in your estate plan:

• Create a Digital Asset Inventory: List all your digital assets, including usernames, passwords, and security questions.
• Designate a Digital Executor: Appoint someone you trust to manage your digital assets after your death. This person should be tech-savvy and understand the importance of digital security.
• Update Your Will: Include specific instructions for your digital assets in your will. This can include who should have access to your accounts and what should be done with them.

Legal Considerations for Digital Inheritance

Digital inheritance involves transferring digital assets to beneficiaries. However, there are legal considerations to keep in mind:

• Terms of Service: Each digital platform has its own terms of service regarding the transfer of accounts. Make sure to review these terms and follow the appropriate procedures.
• Privacy Laws: Digital assets often contain sensitive information. Ensure that your estate plan complies with privacy laws and protects your data.
• State Laws: Connecticut has specific laws regarding digital assets and estate planning. Consult with a knowledgeable estate planning attorney to ensure your plan is legally sound.

Let Wasikowski Law Firm Handle Your Digital Estate Planning

Managing digital assets after death and including them in your estate plan is crucial in today's digital world. At Wasikowski Law Firm, we specialize in estate planning and probate services, serving clients across Milford, Orange, and Shelton, CT. Our experienced attorneys can help you navigate the complexities of digital asset management and ensure your estate plan is comprehensive and effective. Contact us today to discuss your estate planning needs and secure your digital legacy.